Which of the following statements are true/false?<br>1. Wages includes remuneration payable under any award or settlement between the parties or order of a court.<br>2. The employer needs to fix wage period for the payment of wages and this period shall not exceed two months.<br>3. Wages do not include travelling allowance or the value of any travelling concession.<br>4. In case of a person who is working in any railway factory or industrial or other establishment upon or in which more than one thousand persons are employed, the wages need to be paid by tenth of that month.

Correct Answer: 1, 3 are true and 2, 4 are false